RAPID SYNERGY BHD
KLSE (MYR): RAPID (7765)
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Last Price
0.69
Today's Change
-0.005 (0.72%)
Day's Change
0.685 - 0.70
Trading Volume
766,400
IPO Info
Offer Period
Opening
Closing
Time Table
Allotment Date
Listing Date
Price
Issue Price
-
Units
-
Share Capital
0.000
No of Shares
Public Issue
-
Offer for Sale
-
Private Placement
-
Issuing House
-
ISIN Code
-
Prospectus:
-
Discussions
4 people like this. Showing 50 of 739 comments
Operators to press down further, next week got annoucement ? Limit up boleh jadi 🙏🙏
1 month ago
Operators trying hard to Press down the price but today ada fight I think in the end merah2 juga 🤣🤣
1 month ago
Bought at 80c today. Seems to have consolidated well since 12/3 rebound from 0.67 to over 0.90. It has only 107m shares, my guess is free float now <40m?
1 month ago
Cheap tickets mostly collected by the operators. They move it up or down at their pleasure !
1 month ago
Today dropped 5% Those who wants to dabble in this stock need to know 2 things
First a certain amount of the stock is pledged with the banks and lenders by borrowers including the directors. When the price go lower it will trigger margin calls and forced selling will take place further depressing the price
Next the syndicates and operators will manipulate it to their advantage
It's not that you can't buy this stock but make sure you have sufficient funds when the price go lower. No one knows where the bottom is !
1 month ago
Actually no funds are buying only operators are pushing it up bcoz ardy collected lots of cheap tickets. Going up or down at their pleasure 😄
1 month ago
Those who are cash rich can tekan a little at this level. Better than buying gloves stocks hehe 😄
1 month ago
Don't worry lah this company does not sell high heels shoes 👠 but got moulds made of gold 🪙 now gold price is All time high 🤣🤣
1 month ago
Hahaha only 2 stocks in Bursa that have fallen almost 98% from the high. One is Rapid waterfalls the other is Top (to bottom) Gloves 🤣🤣 but get ready you bullet you can make or break !
3 weeks ago
No good news lah . Only operators at play. Next Qtr results would remain poor !
1 week ago
To RAPID shareholders, this may be the good news they are waiting for. If it turns out that YNH really isn't defaulting, then, this temporary scare has turned out to be just that - TEMPORARY.
YNH defaulting is a very scary thing. To prevent defaults, monies must be found and deposited, and when nobody knows where the source of funds are coming from, the knee-jerk reaction is sell first, ask questions later.
I don't have a large position in RAPID, but for those who owns large positions, you should study the entire position carefully to make sure this is just a temporary problem that will resolve itself. If so, your averaging down will be fantastic. If not, your averaging down will cause you a heartache.
Fwiw, my total portfolio continue to make new all time high again today, notwitstanding that I own a small amount of RAPID, as I blogged before. The KLCI index is strong, closing at 1582.66. Many accounts should be making new all time highs this year, I hope your accounts are too.
1 week ago
Google "YNH technical default" and you'll come across articles 3 weeks ago that proclaimed YNH is in technical default. So, this news is real. A lot of fear when a company goes into technical default.
1 week ago
3 months ago, there was huge scare in RAPID, YNH and IMASPRO dubbed "YNH and The Gang".
Google this title "How Value Investors Could Have Avoided YNH And Gang Stock Price Plunge"
By Editor -January 28, 2024
This and many prior articles creates the scene for the huge fear. This fear has been festering for nearly 4 months now. If there was an operator manipulating, coming to 4 months, the longer this last, the more likely they will have accumulated their position. I am not an expert in this, just applying basic common sense. Operators need to make monies, they can't forever keep prices depressed.
This is not a Buy or Sell call. Just observing and noting.
1 week ago
The manipulative buying need to be balanced with the forced selling by margin calls so when the price is going north everything is calm but when it is falling many are jittery
1 week ago
This stock is on a downward trend since falling from RM 29.50. Good support at 67 sen. There's a possibility that this support will be broken when a bad result for March 2024 is released
1 week ago
I don't think anyone can make money trading on this stock except those who sold earlier at above RM 2 and now buying back cheap cheap
2 days ago
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titan3322
Told you Rapid not the same with Serba . I get my ammunition ready at 68 sen
1 month ago